Automotive association commits to Tezos blockchain

The Automotive Solution Center for Simulation of Electronic Vehicles is building a technological roadmap based on the Tezos blockchain. They want to use smart contracts and decentralized applications for virtual proof about highly automated driving functions. The association has been in talks with Tezos for a whole and confirmed their partnership on Twitter this Thursday.

The association awkwardly shortens their name as “Asc(s e.V”. It’s a non-profit association with input from some of the biggest car companies in the world. Among them are brands like for example; Porsche, Daimler Chrysler, BMW and Audi.

It’s the association’s task to develop simulations that would benefit the car industry as a whole. Before a new technology is taken into production, it can first be developed virtually. Think about self-driving cars, electronic cars, energy sharing and battery development, and so on.

Automotive really into blockchain

This is certainly not the first initiative from the automotive industry that involves blockchain technology. In October 2019 BMW, General Motors, Ford, Renault and Honda announced plans for a car identification and payment system, while Ford is also testing blockchain-powered location technology to make sure hybrid cars are driving fully electric in certain city zones.

Alongside the Asc(s e.V. there’s also the Mobility Open Blockchain Initiative (MOBI) consortium. They want to make sure everybody uses the same distributed ledger technology across the car industry; creating a standardized framework. Blockchain will help companies to share, sell, buy and obtain data, without anybody doubting on who the actual owner of the data is.

Originally published at NEDEROB.